STELLAR - XLM/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XLMUSD
ISIN:

STELLAR - XLM/USD - Daily - Technical analysis published on 03/24/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

89%

11%

My opinion

Bullish above 0.192178 USD

My targets

0.249251 USD (+16.56%)

0.255906 USD (+19.67%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for STELLAR - XLM/USD as long as the price remains well above 0.192178 USD. The buyers' bullish objective is set at 0.249251 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.255906 USD. If there is any crossing, the next objective would be the resistance located at 0.300483 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The STELLAR - XLM/USD price is 0.213844 USD. On the day, this instrument gained +2.07% and was traded between 0.206631 USD and 0.215251 USD over the period. The price is currently at +3.49% from its lowest and -0.65% from its highest.

0.206631

0.215251

0.213844

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USD:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this STELLAR - XLM/USD chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.084623	0.170198	0.192178	0.213844	0.255906	0.300483	0.340649
Change (%)	-60.43%	-20.41%	-10.13%	-	+19.67%	+40.52%	+59.30%
Change	-0.129221	-0.043646	-0.021666	-	+0.042062	+0.086639	+0.126805
Level	Intermediate	Minor	Major	-	Intermediate	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.198304	0.201389	0.205447	0.208532	0.212590	0.215675	0.219733
Camarilla	0.207541	0.208196	0.208850	0.209505	0.210160	0.210815	0.211469
Woodie	0.198791	0.201632	0.205934	0.208775	0.213077	0.215918	0.220220
Fibonacci	0.201389	0.204118	0.205803	0.208532	0.211261	0.212946	0.215675

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.155898	0.164838	0.182718	0.191658	0.209538	0.218478	0.236358
Camarilla	0.193223	0.195681	0.198140	0.200598	0.203057	0.205515	0.207974
Woodie	0.160368	0.167073	0.187188	0.193893	0.214008	0.220713	0.240828
Fibonacci	0.164838	0.175083	0.181413	0.191658	0.201903	0.208233	0.218478

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.059755	0.110957	0.154503	0.205705	0.249251	0.300453	0.343999
Camarilla	0.171994	0.180680	0.189365	0.198050	0.206735	0.215421	0.224106
Woodie	0.055928	0.109043	0.150676	0.203791	0.245424	0.298539	0.340172
Fibonacci	0.110957	0.147150	0.169511	0.205705	0.241898	0.264259	0.300453

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.47
MACD (12,26,9):	0.0040
Directional Movement:	13.624825
AROON (14):	92.857143
DEMA (21):	0.198219
Parabolic SAR (0,02-0,02-0,2):	0.177549
Elder Ray (13):	0.012585
Super Trend (3,10):	0.180831
Zig ZAG (10):	0.214293
VORTEX (21):	1.1007
Stochastique (14,3,5):	90.93
TEMA (21):	0.207327
Williams %R (14):	-3.65
Chande Momentum Oscillator (20):	0.028948
Repulse (5,40,3):	7.4618
ROCnROLL:	1
TRIX (15,9):	-0.0255
Courbe Coppock:	27.18

MA7:	0.203605
MA20:	0.188796
MA50:	0.198269
MA100:	0.223816
MAexp7:	0.204132
MAexp20:	0.195440
MAexp50:	0.201438
MAexp100:	0.224225
Price / MA7:	+5.03%
Price / MA20:	+13.27%
Price / MA50:	+7.86%
Price / MA100:	-4.46%
Price / MAexp7:	+4.76%
Price / MAexp20:	+9.42%
Price / MAexp50:	+6.16%
Price / MAexp100:	-4.63%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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